Novena Global Healthcare's Terence Loh has $70 million debt, seeks interim order to stave off bankruptcy

Novena Global Healthcare co-founder Terence Loh has applied for an interim order in a last-ditch attempt to stave off bankruptcy. PHOTO: TERENCE LOH
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SINGAPORE - Novena Global Healthcare (NGH) co-founder Terence Loh has applied for an interim order in a last-ditch attempt to stave off bankruptcy.

The Straits Times understands that Mr Loh, 43, has total outstanding debts of about $70 million with five banks stemming from a personal guarantee for the loans held by NGH.

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